RAG-Stiftung

About RAG-Stiftung

RAG-Stiftung is one of Europe's largest foundations with €18 billion of foundation assets as of December 2024 (€17.5 billion end-2023), headquartered in Essen, Germany in the Ruhr region. The firm was founded in 2007 to finance perpetual obligations from German hard coal mine closures (the Ewigkeitsaufgaben). RAG-Stiftung operates as a German foundation (Stiftung) under public-private mandate funding mine water management, groundwater remediation and flood prevention across former coal regions.

Investment thesis

RAG-Stiftung deploys capital through diversified capital deployment via Evonik (46% stake, specialty chemicals), Vivawest (58%, residential real estate with ~120,000 apartments), RSBG SE (100%, industrial engineering automation robotics life sciences), real estate, bonds and global funds. The portfolio tracks 85 plus RSBG portfolio companies across 7 verticals plus capital markets allocations. Sector focus spans specialty chemicals, residential real estate, industrials and engineering, automation, robotics, life sciences and broad capital markets. Geographic deployment is anchored in Germany core (Ruhr Valley, Saarland, Ibbenbüren) with RSBG and capital investments globally diversified.

Recent activity

Recent realised exits include Evonik specialty chemicals secondary share placements (2024) and United Robotics Group restructuring (insolvency self-administration, 2024). Recent activity includes continued share-reduction strategy toward 25.1% long-term target Evonik plus portfolio reinvestment via RSBG bolt-ons in industrial automation (2024-2025). The platform continues perpetual endowment deployment to fund the eternal coal-mining environmental obligations. Detailed buyer names and multiple data available on Pro at €29/month.